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AVNS vs ATRC
Revenue, margins, valuation, and 5-year total return — side by side.
Medical - Instruments & Supplies
AVNS vs ATRC — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Medical - Devices | Medical - Instruments & Supplies |
| Market Cap | $1.15B | $1.42B |
| Revenue (TTM) | $716M | $552M |
| Net Income (TTM) | $-69M | $-5M |
| Gross Margin | 49.4% | 75.5% |
| Operating Margin | -8.4% | -0.4% |
| Forward P/E | 24.7x | 373.5x |
| Total Debt | $129M | $88M |
| Cash & Equiv. | $90M | $167M |
AVNS vs ATRC — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Avanos Medical, Inc. (AVNS) | 100 | 85.1 | -14.9% |
| AtriCure, Inc. (ATRC) | 100 | 58.6 | -41.4% |
Price return only. Dividends and distributions are not included.
Quick Verdict: AVNS vs ATRC
Each card shows where this stock fits in a portfolio — not just who wins on paper.
AVNS is the clearest fit if your priority is value and momentum.
- Lower P/E (24.7x vs 373.5x)
- +92.4% vs ATRC's -6.2%
ATRC carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.
- beta 1.03
- Rev growth 14.9%, EPS growth 74.7%, 3Y rev CAGR 17.4%
- 100.6% 10Y total return vs AVNS's -15.7%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 14.9% revenue growth vs AVNS's 1.9% | |
| Value | Lower P/E (24.7x vs 373.5x) | |
| Quality / Margins | -0.8% margin vs AVNS's -9.7% | |
| Stability / Safety | Beta 1.03 vs AVNS's 1.54 | |
| Dividends | Tie | Neither stock pays a meaningful dividend |
| Momentum (1Y) | +92.4% vs ATRC's -6.2% | |
| Efficiency (ROA) | -0.7% ROA vs AVNS's -6.6%, ROIC -0.6% vs -5.4% |
AVNS vs ATRC — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
AVNS vs ATRC — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
ATRC leads this category, winning 6 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
AVNS and ATRC operate at a comparable scale, with $716M and $552M in trailing revenue. ATRC is the more profitable business, keeping -0.8% of every revenue dollar as net income compared to AVNS's -9.7%. On growth, ATRC holds the edge at +14.3% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $716M | $552M |
| EBITDAEarnings before interest/tax | -$21M | $13M |
| Net IncomeAfter-tax profit | -$69M | -$5M |
| Free Cash FlowCash after capex | $24M | $54M |
| Gross MarginGross profit ÷ Revenue | +49.4% | +75.5% |
| Operating MarginEBIT ÷ Revenue | -8.4% | -0.4% |
| Net MarginNet income ÷ Revenue | -9.7% | -0.8% |
| FCF MarginFCF ÷ Revenue | +3.4% | +9.7% |
| Rev. Growth (YoY)Latest quarter vs prior year | +8.8% | +14.3% |
| EPS Growth (YoY)Latest quarter vs prior year | -21.4% | +101.6% |
Valuation Metrics
AVNS leads this category, winning 4 of 5 comparable metrics.
Valuation Metrics
| Metric | ||
|---|---|---|
| Market CapShares × price | $1.2B | $1.4B |
| Enterprise ValueMkt cap + debt − cash | $1.2B | $1.3B |
| Trailing P/EPrice ÷ TTM EPS | -16.93x | -116.71x |
| Forward P/EPrice ÷ next-FY EPS est. | 24.72x | 373.47x |
| PEG RatioP/E ÷ EPS growth rate | — | — |
| EV / EBITDAEnterprise value multiple | — | 78.37x |
| Price / SalesMarket cap ÷ Revenue | 1.65x | 2.65x |
| Price / BookPrice ÷ Book value/share | 1.47x | 2.72x |
| Price / FCFMarket cap ÷ FCF | 26.77x | 29.37x |
Profitability & Efficiency
ATRC leads this category, winning 7 of 8 comparable metrics.
Profitability & Efficiency
ATRC delivers a -1.0% return on equity — every $100 of shareholder capital generates $-1 in annual profit, vs $-9 for AVNS. AVNS carries lower financial leverage with a 0.17x debt-to-equity ratio, signaling a more conservative balance sheet compared to ATRC's 0.18x.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | -8.9% | -1.0% |
| ROA (TTM)Return on assets | -6.6% | -0.7% |
| ROICReturn on invested capital | -5.4% | -0.6% |
| ROCEReturn on capital employed | -6.5% | -0.6% |
| Piotroski ScoreFundamental quality 0–9 | 5 | 5 |
| Debt / EquityFinancial leverage | 0.17x | 0.18x |
| Net DebtTotal debt minus cash | $39M | -$79M |
| Cash & Equiv.Liquid assets | $90M | $167M |
| Total DebtShort + long-term debt | $129M | $88M |
| Interest CoverageEBIT ÷ Interest expense | -16.71x | 0.38x |
Total Returns (Dividends Reinvested)
AVNS leads this category, winning 5 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in AVNS five years ago would be worth $5,773 today (with dividends reinvested), compared to $3,604 for ATRC. Over the past 12 months, AVNS leads with a +92.4% total return vs ATRC's -6.2%. The 3-year compound annual growth rate (CAGR) favors AVNS at 1.8% vs ATRC's -16.3% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +121.1% | -28.7% |
| 1-Year ReturnPast 12 months | +92.4% | -6.2% |
| 3-Year ReturnCumulative with dividends | +5.4% | -41.4% |
| 5-Year ReturnCumulative with dividends | -42.3% | -64.0% |
| 10-Year ReturnCumulative with dividends | -15.7% | +100.6% |
| CAGR (3Y)Annualised 3-year return | +1.8% | -16.3% |
Risk & Volatility
Evenly matched — AVNS and ATRC each lead in 1 of 2 comparable metrics.
Risk & Volatility
ATRC is the less volatile stock with a 1.03 beta — it tends to amplify market swings less than AVNS's 1.54 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. AVNS currently trades 99.7% from its 52-week high vs ATRC's 64.9% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.54x | 1.03x |
| 52-Week HighHighest price in past year | $24.80 | $43.18 |
| 52-Week LowLowest price in past year | $9.30 | $26.62 |
| % of 52W HighCurrent price vs 52-week peak | +99.7% | +64.9% |
| RSI (14)Momentum oscillator 0–100 | 90.7 | 53.1 |
| Avg Volume (50D)Average daily shares traded | 1.3M | 657K |
Analyst Outlook
Insufficient data to determine a leader in this category.
Analyst Outlook
Wall Street rates AVNS as "Hold" and ATRC as "Buy". Consensus price targets imply 80.9% upside for ATRC (target: $51) vs -7.0% for AVNS (target: $23).
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Hold | Buy |
| Price TargetConsensus 12-month target | $23.00 | $50.67 |
| # AnalystsCovering analysts | 8 | 19 |
| Dividend YieldAnnual dividend ÷ price | — | — |
| Dividend StreakConsecutive years of raises | 1 | — |
| Dividend / ShareAnnual DPS | — | — |
| Buyback YieldShare repurchases ÷ mkt cap | +0.3% | +0.8% |
ATRC leads in 2 of 6 categories (Income & Cash Flow, Profitability & Efficiency). AVNS leads in 2 (Valuation Metrics, Total Returns). 1 tied.
AVNS vs ATRC: Frequently Asked Questions
9 questions · data-driven answers · updated daily
01Is AVNS or ATRC a better buy right now?
For growth investors, AtriCure, Inc.
(ATRC) is the stronger pick with 14. 9% revenue growth year-over-year, versus 1. 9% for Avanos Medical, Inc. (AVNS). Analysts rate AtriCure, Inc. (ATRC) a "Buy" — based on 19 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which is the better long-term investment — AVNS or ATRC?
Over the past 5 years, Avanos Medical, Inc.
(AVNS) delivered a total return of -42. 3%, compared to -64. 0% for AtriCure, Inc. (ATRC). Over 10 years, the gap is even starker: ATRC returned +100. 6% versus AVNS's -15. 7%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
03Which is safer — AVNS or ATRC?
By beta (market sensitivity over 5 years), AtriCure, Inc.
(ATRC) is the lower-risk stock at 1. 03β versus Avanos Medical, Inc. 's 1. 54β — meaning AVNS is approximately 50% more volatile than ATRC relative to the S&P 500. On balance sheet safety, Avanos Medical, Inc. (AVNS) carries a lower debt/equity ratio of 17% versus 18% for AtriCure, Inc. — giving it more financial flexibility in a downturn.
04Which is growing faster — AVNS or ATRC?
By revenue growth (latest reported year), AtriCure, Inc.
(ATRC) is pulling ahead at 14. 9% versus 1. 9% for Avanos Medical, Inc. (AVNS). On earnings-per-share growth, the picture is similar: Avanos Medical, Inc. grew EPS 82. 9% year-over-year, compared to 74. 7% for AtriCure, Inc.. Over a 3-year CAGR, ATRC leads at 17. 4% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
05Which has better profit margins — AVNS or ATRC?
AtriCure, Inc.
(ATRC) is the more profitable company, earning -2. 1% net margin versus -9. 7% for Avanos Medical, Inc. — meaning it keeps -2. 1% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: ATRC leads at -0. 6% versus -8. 8% for AVNS. At the gross margin level — before operating expenses — ATRC leads at 74. 4%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
06Is AVNS or ATRC more undervalued right now?
On forward earnings alone, Avanos Medical, Inc.
(AVNS) trades at 24. 7x forward P/E versus 373. 5x for AtriCure, Inc. — 348. 7x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for ATRC: 80. 9% to $50. 67.
07Which pays a better dividend — AVNS or ATRC?
None of the stocks in this comparison currently pay a material dividend.
All are effectively zero-yield and should be held for capital appreciation rather than income.
08Is AVNS or ATRC better for a retirement portfolio?
For long-horizon retirement investors, AtriCure, Inc.
(ATRC) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 1. 03), +100. 6% 10Y return). Avanos Medical, Inc. (AVNS) carries a higher beta of 1. 54 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (ATRC: +100. 6%, AVNS: -15. 7%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
09What are the main differences between AVNS and ATRC?
Both stocks operate in the Healthcare sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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